Monday, August 31, 2009

HEB

HEB is looking like a great play, it was up on some higher then average volume and bounced off support.  This is also a Swine Flu play as these stocks have been ripping up.  Just look at SVA today. 

Here is another low risk trade, stop below 2.00.  I am holding from 2.05.  A break above 2.25 would also be bullish.  HEB has no moved above it's 50 and 20 ema, and these are set to cross if the stock moves up more, MACD is firming up and is looking bullish.
A break above 2.35 would be bullish or a close above 2.25.